Trade War: Tit-for-Tat Tariffs Show Limits of Unilateral Action, Web3 Leaders Say
18.4.2025
Web3 experts emphasize that the ongoing trade war, while presenting challenges, can also act as a catalyst for innovation within the blockchain space. However, they argue that fostering a mindset of global unity can help mitigate the divisive effects of trade wars. Decentralized Governance...
OpenAI sought Anysphere deal before turning its sights on WindSurf
18.4.2025
OpenAI was reportedly in talks to buy Anysphere, the company that produces the Cursor AI coding assistant, before entering into talks with rival company WindSurf.According to CNBC, OpenAI approached Anysphere in 2024 and again in 2025, but talks stalled both times. Failing to arrive at a deal...
Crypto exchange eXch to shut down amid money laundering allegations
17.4.2025
Cryptocurrency exchange eXch announced it will cease operations on May 1 after reports alleged the firm was used to launder funds from a Bybit hack.In an April 17 notice, eXch said the majority of people in its management team voted to “cease and retreat” in response to the allegations...
Former SEC Chairman Jay Clayton to Serve as Interim US Attorney for the Southern District of New York
17.4.2025
President Donald Trump already nominated Jay Clayton for the U.S. Attorney post, but Democratic minority leader Chuck Schumer has blocked the nomination, leaving Clayton in interim status. Trump-Era SEC Chairman Clayton to Lead SDNY Temporarily Former Chairman of the U.S. Securities and Exchange...
Ripple acquisition Hidden Road secures FINRA registration
17.4.2025
Prime brokerage Hidden Road, which was recently acquired by Ripple for $1.25 billion, has secured a broker-dealer license from the Financial Industry Regulatory Authority (FINRA) — a move that enhances its capacity in the fixed-income markets. As a FINRA broker-dealer, Hidden Road...
HTX Integrates Fireblocks Off-Exchange to Secure Institutional Trading
17.4.2025
HTX has integrated and launched Fireblocks Off-Exchange, a solution aimed at institutional trading. This integration enhances the platform’s security infrastructure and streamlines operations within a compliant framework. Fireblocks Off-Exchange enables institutions to securely trade digital assets...
US jobless claims hint at stability as Bitcoin reaches 'inflection point' at $85K
17.4.2025
The latest US initial jobless claims data came at 215,000, below the estimated expectation of 225,000, on April 17. The dip in jobless claims indicated that the US labor market remained stable, with fewer people being affected by the uncertainty of US tariffs. Initial jobless claims are a leading...
A16z doubles down on LayerZero with $55M investment
17.4.2025
Venture capital firm Andreessen Horowitz, or a16z, announced a $55 million investment in LayerZero, a Web3 company that runs a crosschain messaging protocol. The investment was disclosed in an April 17 X post by Ali Yahya, a general partner in the firm.A16z has made previous investments...
Bitcoin in Standstill at $85K as Trump Increases Pressure on Fed's Powell
17.4.2025
A sharp plunge in the Philadelphia Fed manufacturing index coupled with rising prices added to U.S. stagflation fears amid the tariff war
Ethena Labs, Securitize unveil 'Converge' network roadmap
17.4.2025
Ethena Labs, the developer of the USDe synthetic dollar (USDe), and financial technology company Securitize, released a preliminary roadmap for their upcoming Converge network, a high-throughput blockchain focused on real-world assets and decentralized finance (DeFi).According to the announcement...
CEX Spot Volumes Slide to $5.4 Trillion in Q1 Amid Crypto Market Pullback
17.4.2025
Spot trading volume across the top ten centralized exchanges (CEXs) hit $5.4 trillion in Q1 2025, a 16.3% decline from the previous quarter, as crypto market momentum cooled following a euphoric end to 2024. Top Crypto Exchanges See 16% Volume Dip in Q1 2025 Crypto trading cooled off sharply in...
4 reasons why Bitcoin price could rally to $90K in April
17.4.2025
Key points: Monetary stimulus in China and Europe increases investors’ focus on Bitcoin price.The US Federal Reserve is under political pressure to cut rates, as the DXY weakens.Bitcoin’s decoupling from traditional markets continues to gain attention. Bitcoin (BTC) traders...